Many organisations have strategy that is driven by the evolution of government contracts. Developing capability in one area can be readily transferred to another, or the model of program development can be used to spirit up new capabilities to meet policy priorities. This is a practical and successful approach for many organisation – often until key contracts are lost – as will inevitably occur.
The Scenario Planning service aims to broaden the strategic planning process to allow the organisation to develop capabilities in response to the mega trends that are shaping our world. This stretches out the planning horizon beyond government contracting cycles and allows organisations to position themselves to be ahead of the game.
The service can include:
• Development of three or four scenarios for an industry sector
• Identification of the mega trends that will impact on your customer base
• How to determine “probable” future scenarios rather than just the “possible” ones
• How to develop emerging strategy as the scenarios unfold
• Developing a risk management response to the scenarios
• Assistance to develop new capabilities in response to the scenarios
The value of this approach is maximised when there is a realisation that the business approach you have taken in the past will no longer guarantee success in the future.